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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: gambler who wrote (1063)6/5/1998 12:51:00 AM
From: JEFF BERRY  Read Replies (1) of 44908
 
Gambler, I was answering Greenman's request for clarification of an earlier post. To answer your question, no I do not personally feel that TSIG will walk away from the deal. It is though a matter of fact that they do have the option which was the point of clarification requested by Greenman.... I do feel however that it is likely that there will be modifications to the deal in light of the declining earnings numbers. First reported 1.4 mill Then 800k...final number?...Yet to be seen.

I do disagree with your assessment that this information is old news and irrelevant. I believe that the time it takes to finalize the transaction will be a contributing factor in the delay of a CCI launch and roll out of the web site. After all is it not in the best interest of TSIG shareholders to perform wise and prudent due dilligence so as to protect shareholder value as opposed to recklessly forging ahead?

I also believe that the earnings results of CCI are of material interest to TSIG investors. The 1.4 mill had been highly touted suggesting CCI had the uncanny ability to sell cd's at a price substantially below the competition and still post earnings of 10%. While doing my DD I did not see one mention of the the downwardly adjusted earnings fiqure (unaudited) of $800k that has been available since 4/30. Right up until 6/2 the earnings number for CCI was still being touted on this thread at 1.4 mill...... If the final earnings numbers are someone less attractive then $800k this may have a bearing on the companies ability to move forward with the same "We have the lowest price" strategy.

JAB
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